Suppose that the current spot exchange rate of U.S. dollars for Australian dol- lars, Suss/As, is .7590 (i.e., 0.759 dollars, or 75.9 cents, can be received for 1 Aus- tralian dollar). The price of Australian-produced goods increases by 5 percent (i.e., inflation in Australia, i, is 5 percent), and the U.S. price index increases by 3 percent (i.e., inflation in the United States, is, is 3 percent). Calculate the new spot exchange rate of U.S. dollars for Australian dollars that should result from the differences in inflation rates. LO.1